$NEN
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP
Stock
$nen
2012 Q3 Form 10-Q Financial Statement
#000110465912077266 Filed on November 13, 2012
Income Statement
Concept | 2012 Q3 | 2011 Q3 |
---|---|---|
Revenue | $8.759M | $8.649M |
YoY Change | 1.28% | 8.07% |
Cost Of Revenue | $3.270M | $3.300M |
YoY Change | -0.91% | -4.35% |
Gross Profit | $5.490M | $5.350M |
YoY Change | 2.62% | 17.58% |
Gross Profit Margin | 62.68% | 61.86% |
Selling, General & Admin | $820.0K | $760.0K |
YoY Change | 7.89% | 4.11% |
% of Gross Profit | 14.94% | 14.21% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $1.555M | $1.604M |
YoY Change | -3.03% | 8.64% |
% of Gross Profit | 28.32% | 29.97% |
Operating Expenses | $5.634M | $5.665M |
YoY Change | -0.55% | 0.19% |
Operating Profit | $3.125M | $2.983M |
YoY Change | 4.75% | 27.04% |
Interest Expense | $1.927M | $2.033M |
YoY Change | -5.24% | 0.04% |
% of Operating Profit | 61.65% | 68.15% |
Other Income/Expense, Net | -$2.344M | -$2.523M |
YoY Change | -7.12% | -20.69% |
Pretax Income | $770.0K | $460.0K |
YoY Change | 67.39% | -155.42% |
Income Tax | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | 0.0% |
Net Earnings | $774.5K | $456.9K |
YoY Change | 69.49% | -158.58% |
Net Earnings / Revenue | 8.84% | 5.28% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $5.923M | $3.538M |
COMMON SHARES | ||
Basic Shares Outstanding | ||
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 Q3 | 2011 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $5.300M | $4.300M |
YoY Change | 23.26% | -10.42% |
Cash & Equivalents | $5.322M | $4.316M |
Short-Term Investments | ||
Other Short-Term Assets | $3.500M | $3.800M |
YoY Change | -7.89% | 111.11% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $500.0K | $600.0K |
Other Receivables | $500.0K | $400.0K |
Total Short-Term Assets | $9.800M | $9.100M |
YoY Change | 7.69% | 19.74% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $96.10M | $99.80M |
YoY Change | -3.71% | 6.97% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $14.79M | $17.80M |
YoY Change | -16.93% | -15.64% |
Other Assets | $0.00 | |
YoY Change | ||
Total Long-Term Assets | $111.9M | $118.6M |
YoY Change | -5.69% | 1.37% |
TOTAL ASSETS | ||
Total Short-Term Assets | $9.800M | $9.100M |
Total Long-Term Assets | $111.9M | $118.6M |
Total Assets | $121.7M | $127.7M |
YoY Change | -4.73% | 2.49% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $2.100M | $2.100M |
YoY Change | 0.0% | -4.55% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $2.100M | $2.100M |
YoY Change | 0.0% | -4.55% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $138.3M | $139.4M |
YoY Change | -0.79% | 1.09% |
Other Long-Term Liabilities | $3.600M | $7.100M |
YoY Change | -49.3% | -32.38% |
Total Long-Term Liabilities | $141.9M | $146.5M |
YoY Change | -3.14% | -1.28% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $2.100M | $2.100M |
Total Long-Term Liabilities | $141.9M | $146.5M |
Total Liabilities | $144.1M | $148.7M |
YoY Change | -3.08% | -1.35% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$22.40M | -$21.00M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $121.7M | $127.7M |
YoY Change | -4.73% | 2.49% |
Cashflow Statement
Concept | 2012 Q3 | 2011 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $774.5K | $456.9K |
YoY Change | 69.49% | -158.58% |
Depreciation, Depletion And Amortization | $1.555M | $1.604M |
YoY Change | -3.03% | 8.64% |
Cash From Operating Activities | $2.710M | $1.840M |
YoY Change | 47.28% | 12.2% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$810.0K | -$600.0K |
YoY Change | 35.0% | -22.08% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $90.00K | $280.0K |
YoY Change | -67.86% | 366.67% |
Cash From Investing Activities | -$720.0K | -$320.0K |
YoY Change | 125.0% | -54.93% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -1.850M | -1.200M |
YoY Change | 54.17% | 5.26% |
NET CHANGE | ||
Cash From Operating Activities | 2.710M | 1.840M |
Cash From Investing Activities | -720.0K | -320.0K |
Cash From Financing Activities | -1.850M | -1.200M |
Net Change In Cash | 140.0K | 320.0K |
YoY Change | -56.25% | -252.38% |
FREE CASH FLOW | ||
Cash From Operating Activities | $2.710M | $1.840M |
Capital Expenditures | -$810.0K | -$600.0K |
Free Cash Flow | $3.520M | $2.440M |
YoY Change | 44.26% | 1.24% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
us-gaap |
Net Income Loss
NetIncomeLoss
|
8722708 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
25030 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
8443616 | USD | |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
349548 | USD | |
nen |
Income Tax Change In Percentage Of Allowable Accelerated Depreciation Deductions
IncomeTaxChangeInPercentageOfAllowableAcceleratedDepreciationDeductions
|
0.50 | pure | |
nen |
Income Tax Excess Of Investments Statement Basis Over Investments Taxable Basis
IncomeTaxExcessOfInvestmentsStatementBasisOverInvestmentsTaxableBasis
|
2000000 | USD | |
CY2011Q4 | nen |
Income Tax Excess Of Real Estate Statement Basis Over Real Estate Income Tax Basis
IncomeTaxExcessOfRealEstateStatementBasisOverRealEstateIncomeTaxBasis
|
12000000 | USD |
CY2011 | nen |
Income Tax Excess Of Statement Income Over Taxable Income
IncomeTaxExcessOfStatementIncomeOverTaxableIncome
|
8856000 | USD |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-2801826 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
579064 | USD | |
nen |
Increase Decrease In Escrow Deposit
IncreaseDecreaseInEscrowDeposit
|
-90999 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-324307 | USD | |
us-gaap |
Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
|
7720459 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1443374 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4412144 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-7403152 | USD | |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4050157 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1272130 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-6302984 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-868502 | USD | |
CY2011Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2011Q4 | nen |
Deferred Financing And Leasing Costs Net
DeferredFinancingAndLeasingCostsNet
|
919187 | USD |
CY2011Q3 | nen |
Management Fees
ManagementFees
|
347833 | USD |
CY2011Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
63482 | USD |
CY2011Q3 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
774998 | USD |
CY2012Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
125376764 | USD |
CY2011Q4 | us-gaap |
Partners Capital
PartnersCapital
|
-21310852 | USD |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
146687616 | USD |
CY2011Q4 | us-gaap |
Customer Advances And Deposits
CustomerAdvancesAndDeposits
|
3603708 | USD |
CY2011Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
2253696 | USD |
CY2011Q4 | us-gaap |
Secured Debt
SecuredDebt
|
139161612 | USD |
CY2011Q4 | us-gaap |
Notes Payable
NotesPayable
|
1668600 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
125376764 | USD |
CY2011Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
16780657 | USD |
CY2011Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3866652 | USD |
CY2011Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
401325 | USD |
CY2011Q4 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
434252 | USD |
CY2012Q3 | us-gaap |
Liabilities
Liabilities
|
144083774 | USD |
CY2012Q3 | us-gaap |
Assets
Assets
|
121658781 | USD |
CY2011Q4 | us-gaap |
Rental Properties
RentalProperties
|
98924534 | USD |
CY2011Q4 | us-gaap |
Partners Capital Account Units
PartnersCapitalAccountUnits
|
131484 | shares |
CY2012Q3 | us-gaap |
Partners Capital Account Units
PartnersCapitalAccountUnits
|
130776 | shares |
CY2011Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-491128 | USD |
CY2011Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
895 | USD |
CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
2983294 | USD |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
40710 | USD | |
CY2010Q4 | us-gaap |
Partners Capital Account Units
PartnersCapitalAccountUnits
|
131484 | shares |
CY2011Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5665232 | USD |
CY2011Q3 | us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
1042470 | USD |
CY2011Q3 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
1421084 | USD |
CY2011Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1603529 | USD |
CY2011Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
411836 | USD |
CY2011Q3 | us-gaap |
Revenues
Revenues
|
8648526 | USD |
CY2011Q3 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
104618 | USD |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
774453 | USD |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
3145277 | USD |
CY2012Q3 | us-gaap |
Revenues
Revenues
|
8875596 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
24957004 | USD | |
CY2011Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
8543908 | USD |
us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
|
66.34 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnit
|
59.34 | ||
CY2011Q3 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
|
3.48 | |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Outstanding Limited Partnership Unit
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingLimitedPartnershipUnit
|
-0.02 | |
us-gaap |
Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnit
|
7.00 | ||
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnit
|
3.50 | |
us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
131484 | shares | |
CY2011Q3 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
131484 | shares |
CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
2033082 | USD |
us-gaap |
Interest Expense
InterestExpense
|
5962907 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
3129 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
8323834 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
4998573 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
101689 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2723402 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
8297928 | USD | |
us-gaap |
Revenues
Revenues
|
25275063 | USD | |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
318059 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-7073978 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
9522647 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
11871330 | USD | |
CY2012Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
160764301 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
16951229 | USD | |
us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
3103215 | USD | |
us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
3800836 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
260819 | USD | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
3104722 | USD | |
nen |
Management Fees
ManagementFees
|
1032069 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1237424 | USD | |
us-gaap |
Operating Expenses
OperatingExpenses
|
17005747 | USD | |
us-gaap |
Revenues
Revenues
|
26528394 | USD | |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
456926 | USD |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
-3053 | USD |
CY2011Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
-808 | USD |
CY2011Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
-2245 | USD |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
459979 | USD |
CY2011Q3 | us-gaap |
Partners Capital Account Units
PartnersCapitalAccountUnits
|
131484 | shares |
CY2010Q4 | us-gaap |
Partners Capital
PartnersCapital
|
-26920567 | USD |
CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
4316353 | USD |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3245361 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
1070992 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2126488 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
3263623 | USD | |
us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
890710 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
5920882 | USD | |
dei |
Entity Registrant Name
EntityRegistrantName
|
NEW ENGLAND REALTY ASSOCIATES LIMITED PARTNERSHIP | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000746514 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-09-30 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
CY2011Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
159123799 | USD |
CY2011Q4 | nen |
Partners Capital Account Distribution Per Depository Receipt
PartnersCapitalAccountDistributionPerDepositoryReceipt
|
0.93 | |
nen |
Period For Which Rent To Be Paid In Advance By Tenant
PeriodForWhichRentToBePaidInAdvanceByTenant
|
P1M | ||
CY2012Q3 | us-gaap |
Security Deposit
SecurityDeposit
|
1923000 | USD |
CY2012Q3 | nen |
Escrow Deposit To Fund Capital Improvements
EscrowDepositToFundCapitalImprovements
|
710000 | USD |
CY2011Q4 | nen |
Escrow Deposit To Fund Capital Improvements
EscrowDepositToFundCapitalImprovements
|
1014000 | USD |
CY2012Q3 | nen |
Financing And Leasing Fees Net
FinancingAndLeasingFeesNet
|
960000 | USD |
CY2011Q4 | nen |
Financing And Leasing Fees Net
FinancingAndLeasingFeesNet
|
919000 | USD |
CY2012Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
64626683 | USD |
us-gaap |
Interest Paid
InterestPaid
|
6008000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
54000 | USD | |
CY2011Q4 | us-gaap |
Partners Capital Account Distribution Per Unit Of Limited Partner Interest
PartnersCapitalAccountDistributionPerUnitOfLimitedPartnerInterest
|
28.00 | |
CY2011Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
60199265 | USD |
CY2012Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
96137618 | USD |
CY2011Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
98924534 | USD |
us-gaap |
Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
|
477000 | USD | |
us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><i><font style="FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman" size="2">Reclassifications:</font></i><font style="FONT-SIZE: 10pt" size="2">  Certain reclassifications have been made to prior period amounts in order to conform to current period presentation.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td></tr></table> | ||
nen |
Period For Which Arrears Of Rent Charged Against Income
PeriodForWhichArrearsOfRentChargedAgainstIncome
|
P60D | ||
us-gaap |
Number Of Operating Segments
NumberOfOperatingSegments
|
1 | item | |
CY2012Q3 | nen |
Cash And Cash Equivalents And Security Deposits Uninsured Amount
CashAndCashEquivalentsAndSecurityDepositsUninsuredAmount
|
6243000 | USD |
CY2011Q4 | nen |
Cash And Cash Equivalents And Security Deposits Uninsured Amount
CashAndCashEquivalentsAndSecurityDepositsUninsuredAmount
|
5051000 | USD |
us-gaap |
Advertising Expense
AdvertisingExpense
|
43190 | USD | |
us-gaap |
Advertising Expense
AdvertisingExpense
|
59997 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
5854000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
23000 | USD | |
us-gaap |
Depreciation And Amortization Discontinued Operations
DepreciationAndAmortizationDiscontinuedOperations
|
30295 | USD | |
CY2012Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-417733 | USD |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
1953645 | USD |
CY2012Q3 | nen |
Accumulated Amortization On Financing And Leasing Fees
AccumulatedAmortizationOnFinancingAndLeasingFees
|
740000 | USD |
CY2011Q4 | nen |
Accumulated Amortization On Financing And Leasing Fees
AccumulatedAmortizationOnFinancingAndLeasingFees
|
636000 | USD |
nen |
Income Loss From Continuing Operations Per Outstanding Depository Receipt
IncomeLossFromContinuingOperationsPerOutstandingDepositoryReceipt
|
0.62 | ||
nen |
Net Income Loss Per Outstanding Depository Receipt
NetIncomeLossPerOutstandingDepositoryReceipt
|
0.62 | ||
nen |
Disposal Group Including Discontinued Operation Other Cost Of Operating Revenue And Other Expenses
DisposalGroupIncludingDiscontinuedOperationOtherCostOfOperatingRevenueAndOtherExpenses
|
235441 | USD | |
us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
267981 | USD | |
nen |
Operating Leases Percentage Of Rental Income Related To Residential Property And Condominium Units
OperatingLeasesPercentageOfRentalIncomeRelatedToResidentialPropertyAndCondominiumUnits
|
0.90 | pure | |
nen |
Operating Leases Percentage Of Rental Income Related To Commercial Property
OperatingLeasesPercentageOfRentalIncomeRelatedToCommercialProperty
|
0.10 | pure | |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
|
2453000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
1601000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
2125000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
1299000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
508000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
828000 | USD |
CY2012Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
8814000 | USD |
nen |
Partners Capital Account Depository Receipts Treasury
PartnersCapitalAccountDepositoryReceiptsTreasury
|
1211945 | shares | |
nen |
Partners Capital Account Depository Receipts Treasury Average Repurchase Price Per Depository Receipt
PartnersCapitalAccountDepositoryReceiptsTreasuryAverageRepurchasePricePerDepositoryReceipt
|
24.59 | ||
us-gaap |
Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
|
31150000 | USD | |
us-gaap |
Operating Leases Income Statement Contingent Revenue
OperatingLeasesIncomeStatementContingentRevenue
|
461000 | USD | |
CY2012Q3 | nen |
Operating Leases Allowance For Doubtful Rent Receivable
OperatingLeasesAllowanceForDoubtfulRentReceivable
|
563000 | USD |
CY2011Q4 | nen |
Operating Leases Allowance For Doubtful Rent Receivable
OperatingLeasesAllowanceForDoubtfulRentReceivable
|
448000 | USD |
CY2012Q3 | nen |
Operating Leases Rental Income With Future Rental Increases
OperatingLeasesRentalIncomeWithFutureRentalIncreases
|
285000 | USD |
CY2012Q3 | nen |
Operating Leases Deferral Of Rental Concession
OperatingLeasesDeferralOfRentalConcession
|
14000 | USD |
nen |
Operating Leases Amortization Of Deferred Rents
OperatingLeasesAmortizationOfDeferredRents
|
3600 | USD | |
nen |
Income Loss From Continuing Operations Per Outstanding Depository Receipt
IncomeLossFromContinuingOperationsPerOutstandingDepositoryReceipt
|
0.23 | ||
nen |
Income Loss From Discontinued Operations Net Of Tax Per Outstanding Depository Receipt
IncomeLossFromDiscontinuedOperationsNetOfTaxPerOutstandingDepositoryReceipt
|
1.98 | ||
nen |
Net Income Loss Per Outstanding Depository Receipt
NetIncomeLossPerOutstandingDepositoryReceipt
|
2.21 | ||
CY2011Q3 | nen |
Partners Capital Account Distribution Per Depository Receipt
PartnersCapitalAccountDistributionPerDepositoryReceipt
|
0.70 | |
us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
|
18.63 | ||
CY2012Q3 | us-gaap |
Net Income Loss Per Outstanding Limited Partnership Unit
NetIncomeLossPerOutstandingLimitedPartnershipUnit
|
5.90 | |
us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
5994947 | USD | |
nen |
Number Of Partnerships Investing In Commercial Properties
NumberOfPartnershipsInvestingInCommercialProperties
|
3 | item | |
nen |
Partners Capital Account Depository Receipts Treasury
PartnersCapitalAccountDepositoryReceiptsTreasury
|
16985 | shares | |
CY2012Q3 | nen |
Partners Capital Account Treasury Units Issued
PartnersCapitalAccountTreasuryUnitsIssued
|
49449 | shares |
nen |
Operating Leases Annual Base Rent For Expiring Leases
OperatingLeasesAnnualBaseRentForExpiringLeases
|
2806698 | USD | |
nen |
Operating Leases Square Feet For Expiring Leases
OperatingLeasesSquareFeetForExpiringLeases
|
105449 | squarefoot | |
nen |
Operating Leases Number Of Leases Expiring
OperatingLeasesNumberOfLeasesExpiring
|
44 | item | |
nen |
Operating Leases Percentage Of Annual Base Rent For Expiring Leases
OperatingLeasesPercentageOfAnnualBaseRentForExpiringLeases
|
1.00 | pure | |
CY2012Q3 | nen |
Prepaid Rent Received Included In Cash And Cash Equivalents
PrepaidRentReceivedIncludedInCashAndCashEquivalents
|
1314000 | USD |
CY2007Q3 | nen |
Partners Capital Account Depository Receipts Treasury Receipts Authorized To Be Repurchased
PartnersCapitalAccountDepositoryReceiptsTreasuryReceiptsAuthorizedToBeRepurchased
|
1500000 | shares |
nen |
Related Party Transaction Management Fee As Percentage Of Lineweight
RelatedPartyTransactionManagementFeeAsPercentageOfLineweight
|
0.03 | pure | |
nen |
Related Party Transaction Management Fee
RelatedPartyTransactionManagementFee
|
1078000 | USD | |
CY2012Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
5730319 | USD |
nen |
Related Party Transaction Management Fee
RelatedPartyTransactionManagementFee
|
1047000 | USD | |
CY2012Q3 | nen |
Partners Capital Account Distribution Per Depository Receipt
PartnersCapitalAccountDistributionPerDepositoryReceipt
|
0.75 | |
nen |
Operating Leases Noncancellable Maximum Lease Term
OperatingLeasesNoncancellableMaximumLeaseTerm
|
P1Y | ||
CY2012Q3 | us-gaap |
Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
|
120 | item |
CY2012Q3 | nen |
Number Of Units In Real Estate Property To Be Sold
NumberOfUnitsInRealEstatePropertyToBeSold
|
120 | item |
CY2012Q3 | nen |
Number Of Units In Real Estate Property Sold
NumberOfUnitsInRealEstatePropertySold
|
105 | item |
CY2012Q3 | nen |
Number Of Units In Real Estate Property Unsold
NumberOfUnitsInRealEstatePropertyUnsold
|
15 | item |
CY2012Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
8782896 | USD |
us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
3241830 | USD | |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
463687 | USD |
CY2012Q3 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
1571942 | USD |
CY2012Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
554 | USD |
CY2012Q3 | us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
731618 | USD |
CY2012Q3 | us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
48483 | USD |
CY2012Q3 | us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
1487272 | USD |
CY2012Q3 | us-gaap |
Real Estate Taxes And Insurance
RealEstateTaxesAndInsurance
|
1066739 | USD |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
1746 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
5853647 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
-1222077 | USD | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
774453 | USD |
us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
2448669 | USD | |
CY2012Q3 | us-gaap |
Rental Properties
RentalProperties
|
96137618 | USD |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5322287 | USD |
CY2012Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
545496 | USD |
CY2012Q3 | us-gaap |
Escrow Deposit
EscrowDeposit
|
446314 | USD |
CY2012Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
3460422 | USD |
CY2012Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
14786580 | USD |
CY2012Q3 | nen |
Deferred Financing And Leasing Costs Net
DeferredFinancingAndLeasingCostsNet
|
960064 | USD |
CY2012Q3 | us-gaap |
Secured Debt
SecuredDebt
|
138335670 | USD |
CY2012Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
2143534 | USD |
CY2012Q3 | us-gaap |
Customer Advances And Deposits
CustomerAdvancesAndDeposits
|
3604570 | USD |
CY2012Q3 | us-gaap |
Partners Capital
PartnersCapital
|
-22424993 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
26245505 | USD | |
CY2012Q3 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
92700 | USD |
us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
282889 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1362276 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
4632173 | USD | |
CY2012Q3 | nen |
Management Fees
ManagementFees
|
360578 | USD |
nen |
Management Fees
ManagementFees
|
1078188 | USD | |
us-gaap |
Other Cost Of Operating Revenue
OtherCostOfOperatingRevenue
|
2684760 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
148602 | USD | |
us-gaap |
Cost Of Property Repairs And Maintenance
CostOfPropertyRepairsAndMaintenance
|
3857918 | USD | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnit
|
5.90 | |
us-gaap |
Income Loss From Continuing Operations Per Outstanding Limited Partnership Unit
IncomeLossFromContinuingOperationsPerOutstandingLimitedPartnershipUnit
|
18.63 | ||
CY2012Q3 | us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
131277 | shares |
us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
131410 | shares | |
CY2012Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2370824 | USD |
CY2011Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-2523315 | USD |
CY2011Q3 | us-gaap |
Partners Capital
PartnersCapital
|
-20959035 | USD |
us-gaap |
Partners Capital Account Units Treasury
PartnersCapitalAccountUnitsTreasury
|
-708 | shares | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
111244 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-110162 | USD | |
nen |
Increase Decrease In Escrow Deposit
IncreaseDecreaseInEscrowDeposit
|
-44989 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
-406230 | USD | |
us-gaap |
Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
|
772000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
1640502 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
245633 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
1668600 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
825943 | USD | |
nen |
Related Party Transaction Management Fee As Percentage Of Gross Property Rental Revenue And Laundry Income
RelatedPartyTransactionManagementFeeAsPercentageOfGrossPropertyRentalRevenueAndLaundryIncome
|
0.04 | pure | |
CY2012Q1 | nen |
Depositary Receipt Forward Split Conversion Ratio
DepositaryReceiptForwardSplitConversionRatio
|
3 | pure |
nen |
Investments In Number Of Limited Partnerships And Limited Liability Companies
InvestmentsInNumberOfLimitedPartnershipsAndLimitedLiabilityCompanies
|
9 | item | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
5000000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
3998573 | USD | |
CY2012Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
121658781 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2448669 | USD | |
us-gaap |
Partners Capital Account Distributions
PartnersCapitalAccountDistributions
|
2952515 | USD | |
us-gaap |
Partners Capital Account Treasury Units Purchases
PartnersCapitalAccountTreasuryUnitsPurchases
|
610294 | USD | |
us-gaap |
Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
|
862 | USD | |
us-gaap |
Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
|
52220 | USD | |
nen |
Partners Capital Account Depository Receipts Treasury Repurchased
PartnersCapitalAccountDepositoryReceiptsTreasuryRepurchased
|
488627 | USD |